Accenture (ACN) FY2015 results: revenue $32.9 billion, up 3.3% on the year
Accenture plc (ACN) reported revenue of $32.9 billion for fiscal 2015, the year ended 31 August 2015, up 3.3% on the year before. Net income was $3.1 billion, up 3.8%, and diluted earnings per share $4.76. The figures are the company's own, from the 10-K it filed with the SEC on 30 October 2015.
Revenue
$32.9 billion
+3.3% on the year
FY2008FY2015
Operating margin
13.5%
13.5% a year earlier
FY2008FY2015
Net income
$3.1 billion
+3.8% on the year
FY2008FY2015
Diluted EPS
$4.76
+5.3% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
32,914
31,875
30,394
+3.3%
Cost of revenue
23,105
22,190
21,010
+4.1%
Gross profit
9,809
9,684
9,384
+1.3%
Gross margin
29.8%
30.4%
30.9%
Research and development
626
640
715
-2.2%
Operating income
4,436
4,301
4,339
+3.1%
Operating margin
13.5%
13.5%
14.3%
Interest expense
14.6
17.6
14.0
-17.3%
Pre-tax income
4,411
4,298
4,339
+2.6%
Income tax
1,137
1,122
785
+1.3%
Effective tax rate
25.8%
26.1%
18.1%
Net income
3,054
2,941
3,282
+3.8%
Net margin
9.3%
9.2%
10.8%
Diluted EPS
$4.76
$4.52
$4.93
+5.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
4,176
3,486
3,303
+19.8%
Capital expenditure
395
322
370
+22.7%
Free cash flow
3,781
3,164
2,934
+19.5%
Free cash flow margin
11.5%
9.9%
9.7%
Cash from investing
-1,170
-1,056
-1,156
Cash from financing
-3,286
-3,165
-3,066
Depreciation and amortisation
646
621
593
+4.1%
Share-based compensation
680
671
616
+1.3%
Buybacks
2,453
2,559
2,544
-4.2%
Dividends paid
1,353
1,255
1,122
+7.9%
Dividend per share
$2.04
$1.86
$1.62
+9.7%
Diluted shares, weighted
679m
692m
713m
-2.0%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
6,134
5,732
4,960
+7.0%
Non-controlling interest
514
553
468
-7.1%
Debt
27.4
26.7
25.6
+2.6%
Other liabilities
11,528
11,618
11,414
-0.8%
Total liabilities and equity
18,203
17,930
16,867
+1.5%
Fixed assets
802
793
780
+1.1%
Goodwill
2,930
2,396
1,819
+22.3%
Intangible assets
465
398
326
+16.8%
Investments
47.5
69.4
46.2
-31.6%
Cash and equivalents
4,361
4,921
5,632
-11.4%
Receivables
3,841
3,860
3,333
-0.5%
Other assets
5,757
5,493
4,932
+4.8%
Total assets
18,203
17,930
16,867
+1.5%
10-K for the year ended 31 August 2015, filed 30 October 2015: the filing.